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Abu Dhabi National Oil Company

Iran says deal on Strait of Hormuz is close but will not open the waterway by itself

Published 08 Aug, 2026 06:16pm

Strait of Hormuz talks advance, but Iran's conditions and 15 vessel attacks underscore persistent regional tensions

UAE says Iran targeted tanker as Tehran says Hormuz deal with Oman close

Published 08 Aug, 2026 05:24pm

Iran has imposed an effective blockade of the strait and wants to charge users for passage

Oil little changed as Saudi cuts prices

Published 07 Jul, 2026 04:24am

NEW YORK: Oil prices were little changed on Monday, trading around pre-Iran war levels as Saudi Arabia slashed its...

Pakistan-bound LNG tanker among vessels exits Strait of Hormuz

Updated 11 Jun, 2026 01:55pm

The tankers then reappeared on ship-tracking data on June 10

Most Gulf markets gain on hopes of ME resolution

Published 05 May, 2026 06:01am

DUBAI: Most Gulf bourses closed slightly higher on Monday, supported by limited signs that the Middle East conflict...

UAE oil giant ADNOC pledges $55 billion in new projects by 2028: statement

Published 03 May, 2026 05:54pm

Move to ditch OPEC and expanded OPEC+ group will allow UAE to produce as much or as little crude

Oil prices rise over 6pc

Published 30 Apr, 2026 06:00am

NEW YORK/LONDON: Oil prices surged over 6 percent on Wednesday to settle at their highest in weeks, as deadlocked...

Major Gulf markets rise as investors weigh Iran stalemate, UAE OPEC exit April

Published 29 Apr, 2026 01:23pm

ADNOC Drilling surged 8.3%, ADNOC Gas advanced 3.1% and ADNOC Logistics & Services jumped 6.8%

Aramco boss pulls out of major energy conference due to ME conflict

Updated 24 Mar, 2026 09:11am

DUBAI: Saudi Aramco Chief Executive Amin Nasser has cancelled his planned appearance at the CERAWeek energy...

ME conflict and its fallout on Pakistan

Published 09 Mar, 2026 05:05am

Wars have unexpected consequences – for the aggressors and the aggressed though the ongoing Middle East conflict is...

Santos stock slumps as $18.7 billion ADNOC-led deal collapses

Published 18 Sep, 2025 10:57am

XRG declined to comment, and Santos said it would not make any comment beyond its statement released early on Thursday

ADNOC-led consortium pulls bid for Australia’s Santos

Published 17 Sep, 2025 04:36pm

DUBAI: Abu Dhabi National Oil Company’s international investment arm XRG said on Wednesday that an investor group it...

ADNOC makes first trades during Platts Dubai oil pricing process, traders say

Published 06 Mar, 2025 04:19pm

SINGAPORE: Abu Dhabi National Oil Company has conducted its first trades using S&P Global Platts’ pricing...

ADNOC to acquire Covestro for about $15.9bn, FT reports

Published 11 Sep, 2024 12:32pm

Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion...

UAE’s ADNOC sells more fuel oil from Ruwais refinery in January

Published 23 Jan, 2024 10:57am

SINGAPORE: UAE’s Abu Dhabi National Oil Company has sold more straight-run fuel oil (SRFO) from its Ruwais refinery...

UAE ADNOC boosts budget allocation for decarbonization projects to $23bn

Published 22 Jan, 2024 01:50pm

DUBAI: UAE’s Abu Dhabi National Oil Company (ADNOC) agreed on Monday to boost its budget allocation for landmark...

Abu Dhabi’s ADNOC Gas signs 2 year LNG supply deal with Japan’s JERA

Published 18 Oct, 2023 12:13pm

KUALA LUMPUR: Abu Dhabi’s ADNOC Gas and Japan’s JERA Global Markets signed a liquefied natural gas (LNG) agreement...

Abu Dhabi’s oil champion ADNOC bets on global expansion

Published 09 Oct, 2023 10:06am

DUBAI: The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of...

Kenya extends oil supply agreement with three Gulf companies

Published 19 Sep, 2023 01:21pm

NAIROBI: Kenya has extended an oil supply deal with three Gulf-based companies to December 2024, the energy...

Abu Dhabi’s ADNOC in almost $11bn approach for Covestro

Published 26 Jun, 2023 06:38am

DUBAI: Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG with a...

ADNOC Gas reports higher Q1 profit as lower costs offset weak volumes

Published 11 May, 2023 01:28pm

DUBAI: Abu Dhabi National Oil Company’s gas subsidiary reported higher first quarter profit on Thursday, as lower...

ADNOC gas business stake sale raised to 5%

Published 27 Feb, 2023 02:49pm

DUBAI: Abu Dhabi National Oil Co (ADNOC) will increase the stake in its gas business being offered in an initial...

UAE’s ADNOC Gas eyes $2bn windfall in IPO

Published 23 Feb, 2023 05:13pm

DUBAI: State-owned UAE energy firm ADNOC Gas announced a price range on Thursday for an initial public offering it...

UAE’s Jaber says keeping 1.5 Celsius goal ‘alive’ is top priority for COP28

Published 16 Feb, 2023 12:17pm

DUBAI: The United Arab Emirates climate envoy and designated president of the COP28 climate summit said on Wednesday...

Energy sector reforms: Low-hanging fruit rotting – III

Updated 02 Feb, 2023 06:44am

The energy sector also requires a fast-track deregulation, which should have happened yesterday. It requires a...

Most major Gulf stock markets fall on hawkish Fed

Published 06 Jan, 2023 05:58am

DUBAI: Most major Gulf stocks ended lower on Thursday after a hawkish message from minutes of the US Federal...

Abu Dhabi bourse outperforms Gulf peers ahead of Borouge IPO

Published 31 May, 2022 05:11am

DUBAI: Stock markets in the Gulf ended higher on Monday, tracking global shares and oil prices higher, with the Abu...

ADNOC announces three new oil discoveries

Published 19 May, 2022 09:44pm

Abu Dhabi National Oil Company (ADNOC) on Thursday announced three oil discoveries including one at Bu Hasa, Abu...

Abu Dhabi’s Borouge to sell 10% of its shares in IPO and list on ADX

Published 18 May, 2022 02:41pm

DUBAI: Abu Dhabi National Oil Company (ADNOC) and its Austrian chemicals partner Borealis plan an initial public...

ADNOC's national reserves rise 4bn stock tank barrels

Published 01 Dec, 2021 02:19pm

CAIRO: Abu Dhabi National Oil Company (ADNOC) announced on Wednesday an increase in national reserves of 4 billion...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 8	329.82
Diesel/Litre / Aug 8	382.36

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02

Abu Dhabi National Oil Company

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